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Active
$2,200,000
/mo Edit
Commercial:  Other
Built 1997
0.82 acres
Prior Lake-Savage Area Sch schools
MLS# 6620829
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    Property Description

    Great investment opportuniity to own commercial / retail office space on Corner of Couty Rds 13 and 42. Currently, 80% rented with 5 total units.2 other buildings also available in a 3 building package ($327, 000 gross annual rent - 3 acres)

    Listing

    Contingency: None
    City: Prior Lake
    County: Scott
    State: MN
    Property Style: Other
    Zip Code: 55372
    Subdivision Name: James 1st Add

    Interior

    Ceiling Height: 8-10

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 18
    Air Conditioning: Central Air
    Foundation Size: 9,340 ft2
    Handicap Accessible: No Stairs External, No Stairs Internal, Partially Wheelchair
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Parking Lot
    Unit Amenities: Security Lights
    Road Frontage: City Street
    Exterior Material: Block

    Lot & Land

    Acres: 0.82
    Geolocation: 44.744135, -93.381283
    Inclusions: Building, Land
    Lot Dimensions: 170 x 211
    Zoning: Business/Commercial
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 719
    District Phone: 952-226-0000

    Expenses

    Annual Gross Expense: $50,000
    Tenant Expenses: Taxes

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $29,874
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $29,874

    Income

    Annual Gross Income: $141,100

    Rent

    Annual Net Income: $90,110

    Units

    Total Units: 6

    Miscellaneous

    Current Use:
    • Office
    • Other
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of RE/MAX Advantage Plus.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.